NOV Inc. Quarterly Operating Margin in % from Q4 2017 to Q2 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
NOV Inc. quarterly/annual Operating Margin history and growth rate from Q4 2017 to Q2 2024.
  • NOV Inc. Operating Margin for the quarter ending June 30, 2024 was 9.2 %, a 40.9% increase year-over-year.
  • NOV Inc. annual Operating Margin for 2023 was 7.58 %, a 108% increase from 2022.
  • NOV Inc. annual Operating Margin for 2022 was 3.65 %.
  • NOV Inc. annual Operating Margin for 2021 was -2.43 %, a 93.9% increase from 2020.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q2 2024 9.2 +2.67 +40.9% Apr 1, 2024 Jun 30, 2024
Q1 2024 7.83 +2.46 +45.8% Jan 1, 2024 Mar 31, 2024
Q4 2023 7.58 +3.94 +108% Oct 1, 2023 Dec 31, 2023
Q3 2023 7.84 +6.54 +502% Jul 1, 2023 Sep 30, 2023
Q2 2023 6.54 +6.72 Apr 1, 2023 Jun 30, 2023
Q1 2023 5.37 +6.52 Jan 1, 2023 Mar 31, 2023
Q4 2022 3.65 +6.07 Oct 1, 2022 Dec 31, 2022
Q3 2022 1.3 +9.18 Jul 1, 2022 Sep 30, 2022
Q2 2022 -0.18 +8.21 +97.9% Apr 1, 2022 Jun 30, 2022
Q1 2022 -1.15 +9.17 +88.9% Jan 1, 2022 Mar 31, 2022
Q4 2021 -2.43 +37.4 +93.9% Oct 1, 2021 Dec 31, 2021
Q3 2021 -7.87 +27.2 +77.6% Jul 1, 2021 Sep 30, 2021
Q2 2021 -8.39 +24.4 +74.4% Apr 1, 2021 Jun 30, 2021
Q1 2021 -10.3 +86.8 +89.4% Jan 1, 2021 Mar 31, 2021
Q4 2020 -39.8 +34.2 +46.2% Oct 1, 2020 Dec 31, 2020
Q3 2020 -35.1 +32.9 +48.4% Jul 1, 2020 Sep 30, 2020
Q2 2020 -32.8 +32.3 +49.6% Apr 1, 2020 Jun 30, 2020
Q1 2020 -97.1 -99.1 -5193% Jan 1, 2020 Mar 31, 2020
Q4 2019 -74.1 -76.6 -3067% Oct 1, 2019 Dec 31, 2019
Q3 2019 -68 -68.1 -42058% Jul 1, 2019 Sep 30, 2019
Q2 2019 -65.1 -64.3 -7389% Apr 1, 2019 Jun 30, 2019
Q1 2019 1.91 +4.37 Jan 1, 2019 Mar 31, 2019
Q4 2018 2.5 +6.29 Oct 1, 2018 Dec 31, 2018
Q3 2018 0.16 Jul 1, 2018 Sep 30, 2018
Q2 2018 -0.87 Apr 1, 2018 Jun 30, 2018
Q1 2018 -2.46* Jan 1, 2018 Mar 31, 2018
Q4 2017 -3.79 Oct 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.